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Free-agent first baseman Mark Teixeira has reached agreement with the New York Yankees on an eight-year contract worth more than $170 million, two sources involved in the negotiations tell ESPN The Magazine's Buster Olney.
The Yankees swooped in on the 28-year-old Teixeira on Tuesday when it was believed the Boston Red Sox or the Washington Nationals were the likeliest to be his future employer. The Red Sox's offer was believed to be in the range of $170 million, and the Nationals reached out with an offer perhaps greater than that of Boston.
# 16
rudyjuly2 @ Dec 26
The new stadium will bring in so much money the Yanks will be laughing. Plus the interest they pay on the stadium will reduce their revenue sharing commitment. Anyone who thinks the Yankees will be hurting is just fooling themselves.
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